The James H and Marta T Batmasian

BOCA RATON, FL EIN: 65-0894674

The James H and Marta T Batmasian Family Foundation is a private independent foundation based in Boca Raton, Florida. Established in 2016, the foundation operates as a Florida not-for-profit corporation and maintains tax-exempt status under Section 501(c)(3).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.7M

+1.5% YoY

Annual Giving

$1.2M

+1335.4% YoY

Grant Count

62

+416.7% YoY

Avg Grant Size

$20K

+177.8% YoY

Under IRS private-foundation payout rules, The James H and Marta T Batmasian reported a distributable amount of $142K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding interests include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

The foundation describes its grantmaking purpose as furthering the charitable efforts of recipient organizations.

Grantmaking

Ready to take the next step with The James H and Marta T Batmasian?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

ApopkaArletaArmonkAtlantaAventuraBelmontBoca RationBoca RatonBoynton BeachBronxChicagoClearwaterCoral SpringsDeerfield BeachDelray BeachForest HillsFt LauderdaleGlendaleHollywoodKnoxville

Financial History

Multi-year comparison from IRS filings

Assets & Giving (Most Recent Data Available):

  • Total assets: $16,702,005
  • Total giving: $1,220,121
  • Average grant amount: Varies by year
  • Median grant amount: Varies by year

Historical Financial Data (2022):

  • Total assets: $2,968,489
  • Total expenses: $1,455,674
  • Total revenues: -$22,523
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$9M$13M$17M2020202220232024
Metric202420232022
Total Assets$16,702,005$16,457,644$2,968,489
Revenue$15,481,780$101,684$-22,523
Expenses$1,231,637$98,012$1,455,674
Qualifying Distributions$1,220,121$85,000$1,439,530
Net Investment Income$470,264$119,801$48,557
Distributable Amount$141,731$134,942$176,983

Giving Over Time

Total grant dollars and number of grants per year

$0$360K$720K$1M$1M33 grants202051 grants202212 grants202362 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PROPEL INC$216KCHANGING LIVES OF BOCA R…$118KAPPEAL OF CONSCIENCE FOU…$100KFUND FOR ARMENIAN RELIEF$100KFLORIDA ATLANTIC UNIVERS…$58KCHILDREN OF ARMENIA FUND$50KARMENIA ARTSAKH FUND$40KARMENIAN GENERAL BENEVOL…$30KCHRISTIAN FOUNDATION OF …$25KBOCA RATON HISTORICAL SO…$24K

Grant Size Distribution

145 grants across all recorded years

129<$50K5$50–100K8$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Propel Inc ($216,000), Changing Lives of Boca Raton ($118,000), Appeal of Conscience Foundation ($100,000).

RecipientPurposeAmount
GOLDEN HOGAN CONNECTIONS GROUP INC LAUDERDALE LAKES, FLFURTHER THE CHARITABLE ORGANIZATION'S EFFORTS$5,500
ARMENIAN GENERAL BENEVOLENT UNION NEW YORK, NYFURTHER THE CHARITABLE ORGANIZATION'S EFFORTS$30,000
ALZHEIMER'S ASSOCIATION FT LAUDERDALE, FLFURTHER THE CHARITABLE ORGANIZATION'S EFFORTS$1,000
AMERICAN DISABILITIES FOUNDATION INC BOCA RATON, FLFURTHER THE CHARITABLE ORGANIZATION'S EFFORTS$2,500
ARMENIAN NATIONAL COMMITTEE OF AMERICA WASHINGTON, DCFURTHER THE CHARITABLE ORGANIZATION'S EFFORTS$6,000
APPEAL OF CONSCIENCE FOUNDATION NEW YORK CITY, NYFURTHER THE CHARITABLE ORGANIZATION'S EFFORTS$100,000
ARMENIA ARTSAKH FUND GLENDALE, CAFURTHER THE CHARITABLE ORGANIZATION'S EFFORTS$40,000
ARMENIAN EYECARE PROJECT SAN DIMAS, CAFURTHER THE CHARITABLE ORGANIZATION'S EFFORTS$2,500
AMERICAN FRIENDS OF MEIR MEDICAL CENTER AVENTURA, FLFURTHER THE CHARITABLE ORGANIZATION'S EFFORTS$180
BEST FOOT FORWARD BOCA RATON, FLFURTHER THE CHARITABLE ORGANIZATION'S EFFORTS$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

Officers and Directors:

  • Marta T Batmasian – Director, President, Secretary
  • James H Batmasian – Director
  • James G Batmasian – Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES H BATMASIANDIRECTOR, VP, TREASURER10
MARTA T BATMASIANDIRECTOR, PRESIDENT, SECRE10
JAMES G BATMASIANDIRECTOR2
ARMEN A BATMASIANDIRECTOR2
ARTHUR R REDGRAVEDIRECTOR2

Recent News & Activity

Recent developments and announcements

The Batmasian family has been recognized for philanthropic contributions to the Boca Raton community. Marta Batmasian was selected as a Boca Chamber DIAMOND Award winner. The foundation has announced matching donation programs, including a recent initiative offering matching donations up to $150,000 to support non-profit organizations.

Marta Batmasian Selected as Boca Chamber\u2019s DIAMOND Award Winner

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The James H and Marta T Batmasian fund?

The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation describes its grantmaking purpose as furthering the charitable efforts of recipient organizations.

How do I apply for a grant from The James H and Marta T Batmasian?

**Grant Activity:** • Total giving (2024): $1,220,121 • Typical award range: $180–$410,500 • Number of grants made (2022): 33 grants totaling $1,220,121 **Recent Notable Grants (2022):** • Florida Atlantic University Foundation: $410,500 • Propel: $324,000 • Need To Read: $45,000 **Geographic Focus:** Primary funding areas include Florida, New York, and California.

What size grants does The James H and Marta T Batmasian award?

In 2024, The James H and Marta T Batmasian awarded 62 grants totaling $1.2M — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is The James H and Marta T Batmasian required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The James H and Marta T Batmasian reported a distributable amount of $142K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The James H and Marta T Batmasian's EIN?

The James H and Marta T Batmasian's EIN (Employer Identification Number) is 65-0894674. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The James H and Marta T Batmasian's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with The James H and Marta T Batmasian on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching The James H and Marta T Batmasian to a real strategy.

Plan your approach